Cases of pump and damp includes two groups of people. First, there are players who artificially increase the price of coins, encouraging or approving it. They spent several minutes, hours or even days buying up cheap coins, and when they are ready to drop them, they create noise. As the noise around the coin gets momentum, the increase in trading volume and the value of coins increases. As soon as the coin reaches the desired price, players sell all their coins, and people begin to panic, dropping their coins into the market and sending a price drop. Once players buy coins, they will go to the forums and chat rooms to discuss their coins. They will use several different accounts, and there may be many players helping to make this look real. The coin will be discussed until noise appears, and people will start buying - this is when pumping occurs. Demand rises on trading floors, and people begin to buy a coin and pump up the price. This feeds the noise even more, and more people are starting to buy. As soon as the coin reaches a high point, players will start selling their coins - this signals the start of the dump process. This can happen in a matter of seconds or drag on for several hours. Players will sell a small number of coins as quickly as they can without dragging the price down to their exit. As soon as the players leave, panic begins, and this happens during the reset process. The price will not go up anymore. Sellers in a panic will sell the critic below market value only in order to get out, and this can lead to the fact that the value of the coin will collaps.
